Civic Ventures Dba Cogenerate

Nonprofit profile at a glance

EIN
943274339
IRS 990 coverage
2014–2025
Forms available
Form 990 2025
Location
San Francisco, CA, USA
Phone
4158668379
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Seniors' Rights

Official website

Reported finances

Revenue
$1,818,253
Expenses
$2,389,406
Assets
$4,248,816
Liabilities
$176,599

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

17 people listed

Executive titles in this filing

  • MARC FREEDMAN (CO-CEO)
  • EUNICE LIN NICHOLS (CO-CEO)

Highest reported compensation

  • MARC FREEDMAN (CO-CEO): $202,851 total reported compensation
  • EUNICE LIN NICHOLS (CO-CEO): $188,575 total reported compensation
  • MARCI ALBOHER (CHIEF ENG OFFICER): $173,732 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

America today is the most age-diverse society in human history and one of the most age-segregated. A quarter of the population is under 20, a quarter over 60, and the rest in between, yet our daily lives are structured so generations rarely interact outside of family in a meaningful way. At CoGenerate, we believe intergenerational collaboration -- what we call cogeneration -- is an essential and effective strategy to forge bonds across differences, combat polarization and ageism, and bring all generations skills and talents to bear on our nation's most pressing problems. Our mission is to bring older and younger people together to solve problems, bridge divides, and co-create the future.

What it reported doing in 2025

We grow the pattern - by catalyzing social innovation. We support innovators bringing generations together for mutual benefit and social impact. Programs include Campus CoGenerate, Faith Across Generations, the CoGen Voices Fellowship, and a program that strengthens youth leadership and democracy through intergenerational collaboration.

Operating model

Revenue model
Donor-supported. 86% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 97% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 91
  • Accountability: 100
  • Sustainability: 25
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 97.9%; rating input score 98
  • Program expense ratio: 75%; rating input score 75
  • Fundraising efficiency: $7.6 raised per $1 spent on fundraising; rating input score 26; 26th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 78th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -31.4%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 1.78; rating input score 61; 61st percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 45; 45th percentile among comparable filings
  • Officer compensation ratio: 46.8%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: -12% per year; rating input score 0; 4th percentile among comparable filings
  • Revenue growth: -11% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -4.1% per year; rating input score 0; 7th percentile among comparable filings

Details

  • Where the money goes: 97.9% of revenue deployed · 75% of spending went to programs
  • Governance: 12 of 12 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $1.8M in reported program spending
  • Leadership: top reported pay $203K · 17 people listed · 5 of 6 pay-setting controls reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 12 filing years from 2014 to 2025
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 26/100.
  • High — Sustainability: Operating margin scored 4/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 2/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 45/100.